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Stellantis CFO Vows to Rebuild Trust
Stellantis CFO reveals 2 tensions around the CEO's abrupt exit and promises to rebuild trust
US dealers and unions see Tavares's exit as a step toward rebuilding trust and accountability at the embattled automaker.
Stellantis CFO Vows to Rebuild Trust After CEO Tavares Exit
Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under former Chief Executive Officer Carlos Tavares.
Stellantis names committee to run company after CEO Tavares leaves
The company's board moved quickly after Tavares' departure and was unveiling the committee to key stakeholders by Monday morning.
Stellantis, Samsung
Stellantis will get $7.54 billion to build 2 electric vehicle battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana.
US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants
The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
Stellantis-Samsung JV Gets $7.54 Billion DOE Loan to Build EV Battery Plants -- OPIS
The U.S. Department of Energy on Monday announced a conditional commitment for a loan of up to $7.54 billion to StarPlus Energy to help finance its plan to build two electric vehicle battery plants that would supply almost 700,
6h
on MSN
Stellantis confident on 2025 dividend, will discuss buybacks, CFO says
Stellantis is confident that an expected improvement in performance could allow the automaker to pay a dividend in 2025, ...
7h
Stellantis CFO: Automaker could shift production to US to cope with tariffs
Stellantis CFO Doug Ostermann spoke at a Goldman Sachs event, only days after the abrupt resignation of Carlos Tavares as CEO ...
5h
on MSN
Stellantis denies hiring Apple's Luca Maestri to solve its massive problems
Netherlands car firm Stellantis may be best known for buying Jeep, Dodge, Ram, and Chrysler, but it says it is definitely not ...
10h
Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares ...
10h
Stellantis Deal to Sell Turkish Unit Set for New Antitrust Test
Turkish authorities have held talks to potentially reverse their decision to block Stellantis NV’s sale of its local ...
23h
Stellantis dealers relieved after CEO departs: 'Change was needed'
The Chrysler, Dodge, Jeep and Ram retailers watched pricey and older cars pile up on their lots this year, and felt Carlos ...
1d
on MSN
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously ...
13h
Stellantis denies report about picking Apple's Maestri as new CEO
Stellantis' Chairman John Elkann plans to name Luca Maestri, the outgoing CFO of Apple, as the new CEO of the Italian-French ...
4h
Stellantis financial chief explains Tavares departure, talks Trump tariffs
Doug Ostermann also said the company is far ahead of schedule in reducing bloated U.S. vehicle inventories in the fourth quarter.
1d
Stellantis Needs To Put America First - A Tough Sell To Its European Shareholders
Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.
8h
Stellantis board and Tavares disagreed on short term priorities, external relations, CFO says
Divergences between Carlos Tavares and Stellantis board members, which led to the CEO's abrupt resignation, were mainly over ...
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